Hubei Zhongyi Science Technology Co. Ltd.

On the morning of September 23, the PCB concept strengthened again, with Dare Power Dekor Home hitting limit-up seconds after the open and notching a 4-day streak of limit-ups. By the midday close, Zhongyi Technology was limit-up with a 20% gain, Yanmade Technology rose more than 10%, and Jitai and Yidian Electronics were limit-up. On the evening of September 22, Dare Power Dekor Home disclosed an announcement on abnormal stock trading fluctuations, stating that its main business is the research, development, production and sales of flooring, wood-based panels and aluminum strip products. Among them, the ultra-thin PCB fiberboard in its wood-based panel products is not an electronic component and does not constitute a part of PCB; it is only used as a support and protection layer beneath copper-clad laminates awaiting drilling. Revenue from this product accounts for a relatively small proportion of the company's operating revenue and has a relatively small impact on operating performance. A research report from Zheshang Securities said that as upstream PCB material prices continue to rise, price increases have begun to transmit to some PCB categories, and the effect of price increases will gradually become evident from the third quarter of 2026. A research report from Sinolink Securities believes that AI computing power construction is driving the expansion of high-end PCB production capacity, and the PCB equipment industry has entered a stage where cyclical upturn and structural upgrading proceed in parallel.

Zhongyi Technology released its 2026 interim report. The company's total operating revenue was 3.939 billion yuan, up 47.15% from the same period last year. Net profit attributable to the parent company was 167 million yuan, up 987.97% year-on-year. Net cash flow from operating activities was negative 92.2224 million yuan, an increase of 243 million yuan compared with the same period last year. The company's latest asset-liability ratio was 54.84%, and its gross margin was 7.68%, up 2.43 percentage points from the same period last year. Return on equity was 4.48%, up 4.05 percentage points year-on-year. Diluted earnings per share were 0.51 yuan, up 920.00% from the same period last year. Total asset turnover was 0.51 times, and inventory turnover was 4.76 times, both achieving consecutive increases. The company had 41,100 shareholders, and the top ten shareholders held 57.87% of the shares.

Zhongyi Technology released its 2026 semi-annual report, achieving operating revenue of 3.939 billion yuan, up 47.15% year on year. Net profit attributable to shareholders of the listed company was 167 million yuan, up 987.97% year on year. Second-quarter net profit was 96 million yuan, up 35% quarter on quarter, within the company's previously guided range of 79 million to 109 million yuan.

Zhongyi Technology released its 2026 semi-annual report on August 27. In the first half of the year, it achieved operating revenue of 3.939 billion yuan, up 47.15% year on year. Net profit attributable to shareholders of the listed company was 167 million yuan, up 987.97% year on year.

Zhongyi Technology stated on an interactive platform that the company's newly built 10,000-ton high-end electronic circuit copper foil project at the Yunmeng base has now reached full production, and will continue to optimize the product mix based on market conditions going forward.

On the evening of August 27, PCB concept stocks Goldenmax International, Zhongyi Technology, and Shenghong Technology released their 2026 interim reports. Goldenmax International's net profit rose 986.66% year on year, with JPMorgan and UBS Group newly entering its top ten tradable shareholders. In the first half, Goldenmax International posted revenue of 3.399 billion yuan, up 65.74% year on year, and net profit of 766 million yuan, with second-quarter net profit up 179% quarter on quarter. The company plans not to distribute cash dividends. Zhongyi Technology's first-half net profit rose 987.97% year on year, with revenue of 3.939 billion yuan, up 47.15%. Shenghong Technology's first-half net profit rose 33.3% year on year, with revenue of 11.629 billion yuan, up 28.77%. So far this year, Goldenmax International's share price has risen more than 316%, Zhongyi Technology has gained over 33%, while Shenghong Technology has fallen nearly 8%.

On the evening of July 21, multiple listed companies on the Shanghai and Shenzhen exchanges released significant positive announcements. GigaDevice plans to use 500 million yuan of A-share raised funds to increase capital in its wholly-owned subsidiary Zhuhai Xincun, in order to implement a DRAM fundraising project. After the capital increase, Zhuhai Xincun's registered capital will change from 150 million yuan to 200 million yuan. The chairman of G-bits proposed a cash dividend of 100 yuan for every 10 shares for the first half of 2026. JinkoSolar will change the purpose of 29.7213 million repurchased shares from equity incentives to cancellation and reduction of registered capital. A controlled subsidiary of Lianchuang Co. plans to invest approximately 550 million yuan to build a project with an annual output of 12,000 tons of VDF and supporting industrial chain products. Huaqin Technology expects its annual revenue from super-node products alone to exceed 10 billion yuan. Yuanjie Technology expects net profit for the first half of the year to be between 600 million and 650 million yuan, a year-on-year increase of 1,196.91% to 1,304.98%. Zhongyi Technology expects net profit for the first half of the year to be between 150 million and 180 million yuan, a year-on-year increase of 879.55% to 1,075.46%. The chairman of Sungrow Power proposed a share buyback of 500 million to 1 billion yuan. The controlling shareholder of Weichai Power plans to increase its holdings of the company's A-shares by 200 million to 400 million yuan. A wholly-owned subsidiary of Kanghui Co. signed a computing power service contract, with an estimated total value of 415 million to 679 million yuan. Wuzhou Medical plans to acquire 100% equity of Xuanzhi Technology through the issuance of shares and cash payment, entering the motor control chip sector. The company's shares will resume trading on July 22. A concert party of a shareholder holding more than 5% of Dongwang Times increased its total holdings in the company by 1.08%.

Gbit Chairman Lu Hongyan has proposed formulating a 2026 semi-annual dividend plan, intending to distribute a cash dividend of 100 yuan per 10 shares, tax included, to all shareholders based on the total share capital after deducting shares in the repurchase account. Wuzhou Medical plans to acquire 100% equity of Xuanzhi Electronic Technology Shanghai Company Limited through a combination of share issuance and cash payment, entering the motor control chip sector; the company's shares will resume trading on July 22. GigaDevice plans to use 500 million yuan of A-share raised funds to increase capital in its wholly-owned subsidiary Zhuhai Hengqin Xincun Semiconductor Company Limited to implement a DRAM fundraising project. Several companies have released semi-annual performance forecasts: Yuanjie Technology expects net profit attributable to the parent company to increase by 1196.91% to 1304.98% year-on-year; Zhongyi Technology expects an increase of 879.55% to 1075.46%; and Feinan Resources expects an increase of 245.36% to 314.43%. SF Holding has completed its 2025 first-phase A-share buyback plan, repurchasing a total of 160 million shares with a total transaction amount of approximately 5.999 billion yuan. Sungrow Power's chairman has proposed a share buyback of 500 million to 1 billion yuan; Putailai plans to buy back shares worth 200 million to 300 million yuan; and Wolong Electric's chairman has proposed a buyback of 50 million to 100 million yuan. China Vanke's largest shareholder, Shenzhen Metro Group, has provided the company with a loan of up to 519 million yuan. Titan Wind Energy's wholly-owned subsidiary has received an order from an international shipowner for two plus two crude oil tankers, with a total contract value of approximately 1.874 billion yuan. ST Dongjing has had its delisting risk warning removed, and its stock abbreviation will change to Dongjing Electronics starting July 23.